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CNH Industrial N.V.（CNH）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
CNH Industrial N.V.的季度营收约是Raymond James Financial的1.2倍（$4.5B vs $3.9B），Raymond James Financial净利率更高（14.1% vs 1.9%，领先12.2%），Raymond James Financial同比增速更快（13.0% vs 7.8%），过去两年CNH Industrial N.V.的营收复合增速更高（3.8% vs 1.3%）
CNH Industrial是意美跨国企业，全球总部位于英国巴西尔登，由跨国投资公司Exor控股，实际控制方为阿涅利家族。公司核心业务涵盖农业机械、工程设备的设计、生产及销售，覆盖全球所有主要市场，目前正重点拓展高增长市场的业务布局。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
CNH vs RJF — 直观对比
营收规模更大
CNH
是对方的1.2倍
$3.9B
营收增速更快
RJF
高出5.2%
7.8%
净利率更高
RJF
高出12.2%
1.9%
两年增速更快
CNH
近两年复合增速
1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $3.9B |
| 净利润 | $86.0M | $544.0M |
| 毛利率 | 18.4% | — |
| 营业利润率 | 3.0% | — |
| 净利率 | 1.9% | 14.1% |
| 营收同比 | 7.8% | 13.0% |
| 净利润同比 | -18.9% | 10.0% |
| 每股收益（稀释后） | $0.08 | $2.83 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CNHRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $4.5B | $4.2B | ||
| Q3 25 | $3.7B | $4.2B | ||
| Q2 25 | $4.0B | $3.8B | ||
| Q1 25 | $3.2B | $3.8B | ||
| Q4 24 | $4.1B | $4.0B | ||
| Q3 24 | $4.0B | $4.0B | ||
| Q2 24 | $4.8B | $3.8B |
净利润CNHRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $86.0M | $563.0M | ||
| Q3 25 | $80.0M | $604.0M | ||
| Q2 25 | $213.0M | $436.0M | ||
| Q1 25 | $131.0M | $495.0M | ||
| Q4 24 | $106.0M | $600.0M | ||
| Q3 24 | $306.0M | $602.0M | ||
| Q2 24 | $433.0M | $492.0M |
毛利率CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | — | ||
| Q3 25 | 19.1% | — | ||
| Q2 25 | 20.6% | — | ||
| Q1 25 | 19.0% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 21.7% | — | ||
| Q2 24 | 22.9% | — |
营业利润率CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 6.8% | 14.7% | ||
| Q1 25 | 5.1% | 17.5% | ||
| Q4 24 | 5.8% | 18.6% | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 11.1% | 17.1% |
净利率CNHRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 1.9% | 13.5% | ||
| Q3 25 | 2.2% | 14.4% | ||
| Q2 25 | 5.3% | 11.3% | ||
| Q1 25 | 4.1% | 12.9% | ||
| Q4 24 | 2.6% | 14.9% | ||
| Q3 24 | 7.7% | 15.0% | ||
| Q2 24 | 9.0% | 13.1% |
每股收益（稀释后）CNHRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | $0.08 | $2.79 | ||
| Q3 25 | $0.06 | $2.96 | ||
| Q2 25 | $0.17 | $2.12 | ||
| Q1 25 | $0.10 | $2.36 | ||
| Q4 24 | $0.10 | $2.86 | ||
| Q3 24 | $0.24 | $2.85 | ||
| Q2 24 | $0.34 | $2.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.6B | $5.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.8B | $52.0M |
| 总资产 | $42.7B | $91.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CNHRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $2.6B | $9.9B | ||
| Q3 25 | $2.3B | $11.4B | ||
| Q2 25 | $2.5B | $9.2B | ||
| Q1 25 | $1.7B | $9.7B | ||
| Q4 24 | $3.2B | $10.0B | ||
| Q3 24 | $1.8B | $11.0B | ||
| Q2 24 | $2.0B | $9.1B |
股东权益CNHRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $7.8B | $12.6B | ||
| Q3 25 | $7.8B | $12.5B | ||
| Q2 25 | $7.8B | $12.3B | ||
| Q1 25 | $7.9B | $12.2B | ||
| Q4 24 | $7.7B | $11.9B | ||
| Q3 24 | $7.7B | $11.7B | ||
| Q2 24 | $7.6B | $11.2B |
总资产CNHRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $42.7B | $88.8B | ||
| Q3 25 | $43.3B | $88.2B | ||
| Q2 25 | $43.7B | $84.8B | ||
| Q1 25 | $42.1B | $83.1B | ||
| Q4 24 | $42.9B | $82.3B | ||
| Q3 24 | $44.0B | $83.0B | ||
| Q2 24 | $44.0B | $80.6B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $945.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 10.99× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | $945.0M | $-10.0M | ||
| Q3 25 | $659.0M | $796.0M | ||
| Q2 25 | $772.0M | $691.0M | ||
| Q1 25 | $162.0M | $117.0M | ||
| Q4 24 | $1.7B | $830.0M | ||
| Q3 24 | $791.0M | $510.0M | ||
| Q2 24 | $379.0M | $711.0M |
自由现金流CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | — | $-56.0M | ||
| Q3 25 | — | $752.0M | ||
| Q2 25 | — | $634.0M | ||
| Q1 25 | — | $71.0M | ||
| Q4 24 | — | $789.0M | ||
| Q3 24 | — | $460.0M | ||
| Q2 24 | — | $655.0M |
自由现金流率CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | — | -1.3% | ||
| Q3 25 | — | 17.9% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 17.4% |
资本支出强度CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.5% |
现金转化率CNHRJF
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | -0.02× | ||
| Q3 25 | 8.24× | 1.32× | ||
| Q2 25 | 3.62× | 1.58× | ||
| Q1 25 | 1.24× | 0.24× | ||
| Q4 24 | 15.96× | 1.38× | ||
| Q3 24 | 2.58× | 0.85× | ||
| Q2 24 | 0.88× | 1.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CNH
| Agricultural Equipment Segment | $3.6B | 81% |
| Construction Equipment Segment | $853.0M | 19% |
| Services | $18.0M | 0% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
